In Eltham, south east London, a crowd of 200 men gathered in the streets, promising to protect their neighbourhood from looters and arsonists following rioting in nearby Lewisham and Woolwich.
“We won’t stand for it. If anyone wants to come down here and start looting tonight, let them try – we’ll be ready for them,” said one.

Violence has broken out in Chile’s capital as tens of thousands of students stage another protest demanding changes in public education.

Masked demonstrators are burning cars and barricades, looting storefronts and throwing furniture at police. Officers are responding with tear gas and water cannons.

While the London demonstrators are “showing the rich”, the Santiago demonstrators want private universities to provide education for free. They also want a new constitution, which of course would be subject to their approval.

It is indeed interesting that the US’s staunchest European ally, and South America’s most successful capitalist country have both come under attack following Black Thursday’s crash and the S&P downgrade.